CoinDCX has partnered with Tether Gold (XAUT) to make tokenised gold accessible to Indian investors. Through the collaboration, users will be able to trade XAUT on the CoinDCX platform and invest through a Systematic Investment Plan (SIP) starting at ₹100.
Tokenised Gold Combines Gold With Blockchain
The initiative is part of CoinDCX’s strategy to expand access to innovative digital assets and real-world assets (RWAs).
Tokenised gold combines the value of physical gold with blockchain technology, enabling fractional ownership, digital management and trading of the asset.
XAUT Backed by Physical Gold
Tether Gold’s XAUT represents ownership of physical gold stored in secure vaults. Each XAUT token corresponds to one troy ounce of physical gold, providing investors with a blockchain-based alternative for accessing gold.
XAUT SIP Starts at ₹100
The new XAUT SIP allows Indian investors to make systematic contributions towards tokenised gold, similar to the approach used in traditional mutual fund SIPs.
CoinDCX said the ₹100 starting investment is designed to lower the entry barrier for investors interested in blockchain-based real-world assets.
CoinDCX Highlights Growing Interest in Gold
Mridul Gupta, Founding Partner of CoinDCX, said Indian investors have traditionally viewed gold as a long-term asset. He added that the partnership aims to make tokenised gold more accessible and affordable while offering exposure to a globally recognised digital gold format.
Focus on Digital Real-World Assets
CoinDCX expects tokenised assets such as XAUT to gain greater importance as investors seek diversification across digital portfolios.
The company said combining established asset classes with blockchain technology can offer new investment options while providing digital transparency and efficiency.
